Civic Intelligence

West Morris Area YMCA

990 • Fiscal year 2018 • EIN 22-1601259

Jan 01, 2018 to Dec 31, 2018 • Filed on May 28, 2019

14 Dover Chester RoadRandolph, NJ 07869

(973) 366-1120

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

45th percentile

0.12x

Higher debt load relative to assets than 45% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

49th percentile

0.16x

Higher debt load relative to revenue than 49% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

19th percentile

-8.9%

Higher net margin than 19% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

82nd percentile

$233,641

Higher top officer pay than 82% of similar nonprofits.

Top officer pay equals 4.8% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

28th percentile

-3.1%

Faster asset growth than 28% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

37th percentile

-0.2%

Faster revenue growth than 37% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Assets

Down

$6,428,322

Down $206,201 (-3.1%) from 2017

Net Assets

Down

$5,652,036

Down $218,927 (-3.7%) from 2017

Liabilities

Up

$776,286

Up $12,726 (+1.7%) from 2017

Revenue

Down

$4,853,802

Down $7,600 (-0.2%) from 2017

Expenses

Up

$5,283,801

Up $304,670 (+6.1%) from 2017

Net Income

Down

-$429,999

Down $312,270 (-265%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$8.0M$6.0M$4.0M$2.0M$0Assets 2010: $7,239,632Liabilities 2010: $118,936Net Assets 2010: $7,120,6962010Assets 2011: $6,955,195Liabilities 2011: $135,616Net Assets 2011: $6,819,5792011Assets 2012: $6,582,303Liabilities 2012: $102,789Net Assets 2012: $6,479,5142012Assets 2013: $6,477,078Liabilities 2013: $98,825Net Assets 2013: $6,378,2532013Assets 2014: $6,453,495Liabilities 2014: $66,699Net Assets 2014: $6,386,7962014Assets 2015: $6,667,841Liabilities 2015: $406,561Net Assets 2015: $6,261,2802015Assets 2016: $6,612,953Liabilities 2016: $667,858Net Assets 2016: $5,945,0952016Assets 2017: $6,634,523Liabilities 2017: $763,560Net Assets 2017: $5,870,9632017Assets 2018: $6,428,322Liabilities 2018: $776,286Net Assets 2018: $5,652,0362018Assets 2019: $5,828,524Liabilities 2019: $736,395Net Assets 2019: $5,092,1292019Assets 2020: $5,112,082Liabilities 2020: $912,568Net Assets 2020: $4,199,5142020Assets 2021: $5,452,822Liabilities 2021: $929,364Net Assets 2021: $4,523,4582021Assets 2022: $5,553,412Liabilities 2022: $972,144Net Assets 2022: $4,581,2682022Assets 2023: $5,467,780Liabilities 2023: $1,103,375Net Assets 2023: $4,364,4052023Assets 2024: $4,770,769Liabilities 2024: $981,956Net Assets 2024: $3,788,8132024

Highlighted filing

2018

Assets$6,428,322
Liabilities$776,286
Net Assets$5,652,036

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$8.0M$6.0M$4.0M$2.0M$0-$2.0MExpenses 2010: $4,780,5222010Expenses 2011: $4,834,3432011Revenue 2012: $4,563,331Expenses 2012: $4,992,429Net Income 2012: -$429,0982012Revenue 2013: $4,547,684Expenses 2013: $4,745,664Net Income 2013: -$197,9802013Revenue 2014: $4,733,491Expenses 2014: $4,633,155Net Income 2014: $100,3362014Revenue 2015: $4,816,525Expenses 2015: $4,842,640Net Income 2015: -$26,1152015Revenue 2016: $4,701,618Expenses 2016: $5,083,151Net Income 2016: -$381,5332016Revenue 2017: $4,861,402Expenses 2017: $4,979,131Net Income 2017: -$117,7292017Revenue 2018: $4,853,802Expenses 2018: $5,283,801Net Income 2018: -$429,9992018Revenue 2019: $5,007,476Expenses 2019: $5,545,218Net Income 2019: -$537,7422019Revenue 2020: $2,600,023Expenses 2020: $3,485,218Net Income 2020: -$885,1952020Revenue 2021: $3,956,880Expenses 2021: $3,665,766Net Income 2021: $291,1142021Revenue 2022: $4,591,588Expenses 2022: $4,511,571Net Income 2022: $80,0172022Revenue 2023: $5,441,719Expenses 2023: $5,675,716Net Income 2023: -$233,9972023Revenue 2024: $6,043,901Expenses 2024: $6,619,493Net Income 2024: -$575,5922024

Highlighted filing

2018

Revenue$4,853,802
Expenses$5,283,801
Net Income-$429,999
Jump To
Filing Snapshot
Filing Period
Jan 1, 2018 to Dec 31, 2018
Signed
May 28, 2019
Return Version
2018v3.1
Gross Receipts
$5,543,924
Mission and Program Overview

Mission

The West Morris Area YMCA, a nonprofit charitable organization, has evolved to meet the needs of the communities we serve since 1889. We provide best in class opportunities promoting youth development, healthy living and social responsibility. Inclusion of all people is at the heart of everything we do.

The west morris area ymca strengthen community through youth development, healthy living and social responsibility. As a charitable community service organization, all persons are welcome at our ymca, regardless of their ability to pay.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,764,642$4,406,433▼ $358,209
Investments Other Securities$1,202,895$1,377,010▲ $174,115
Savings and Temporary Cash Investments$306,677$447,223▲ $140,546
Cash and Non-Interest-Bearing Accounts$136,588$109,680▼ $26,908
Pledges and Grants Receivable$109,822$66,376▼ $43,446
Prepaid Expenses and Deferred Charges$870$12,981▲ $12,111
Intangible Assets$8,030$7,137▼ $893
Investments in Publicly Traded Securities$104,999$1,482▼ $103,517
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0--
Loans From Officers Directors-$0-
Total Assets$6,634,523$6,428,322▼ $206,201
Other Assets Total$0$0→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$710,077$671,196▼ $38,881
Accounts Payable and Accrued Expenses$53,483$105,090▲ $51,607
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$763,560$776,286▲ $12,726
Net Assets / Fund Balance
Permanently Rstr Net Assets$3,054,601$3,054,601→ $0
Unrestricted Net Assets$2,519,118$2,327,603▼ $191,515
Temporarily Rstr Net Assets$297,244$269,832▼ $27,412
Total Net Assets Fund Balance$5,870,963$5,652,036▼ $218,927
Total Liabilities and Net Assets / Fund Balance$6,634,523$6,428,322▼ $206,201

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,126,505$5,624,595$9,751,100
Equipment$89,853$2,285,464$2,375,317
Land$186,000-$186,000
Other Land Buildings$4,075-$4,075
Other Securities$1,377,010--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2018$3,261,428-▲ $250,646$239,058$3,273,016
2017$3,359,456-▲ $61,972$160,000$3,261,428
2016$3,286,860-▲ $72,596$0$3,359,456
2015$3,391,237-▼ $104,377$0$3,286,860
2014$3,483,030-▼ $79,163$0$3,391,237
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
-CEOFT$182,114$51,527$233,641
-CFOFT$166,472$46,069$212,541

Board Members and Trustees

NameTitle
-Past President
-President
-Director
-first v.p.
-second v.p.
-secretary
-Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$193,458
Program Service Revenue
$4,620,596
Investment Income
$39,748
Other Revenue
$0
All Other Contributions
$193,458
Change in Net Assets
$-429,999

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,783,827
Revenue Not Reported on Financial Statements
$69,975
Revenue Not Reported on Form 990
$211,072
Other Revenue Adjustments
$69,975
Total Revenue per Audited Statements
$4,994,899
Total Revenue per Form 990
$4,853,802
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,236,121
Other Expenses$1,977,705
Grants and Similar Amounts Paid$69,975
Total Fundraising Expense$13,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,859,348$296,548-$2,155,896
Current Officers, Directors, Trustees, and Key Employees-$446,180-$446,180
Depreciation Depletion$440,513--$440,513
Occupancy$262,568--$262,568
Payroll Taxes$191,371$67,248-$258,619
Other Employee Benefits$178,049$76,274-$254,323
Fees for Services Other$40,580$119,111$0$159,691
Pension Plan Contributions$78,208$42,895-$121,103
Insurance$46,874$52,472-$99,346
Payments to Affiliates$40,000$45,136$0$85,136
Travel$65,048$6,904-$71,952
Grants to Domestic Individuals$69,975--$69,975
Office Expenses$13,091$15,256-$28,347
Interest-$27,215-$27,215
Advertising$1,439$23,861-$25,300
All Other Expenses$0$0$13,000$13,000
Fees for Services Accounting-$12,600-$12,600
Conferences and Meetings$9,428$1,318-$10,746
Fees for Services Legal-$4,495-$4,495
Other Expenses$855$3,494-$4,349
Total Functional Expenses$3,986,176$1,284,625$13,000$5,283,801

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$5,283,801
Expenses per Audited Statements$5,213,826
Total Expenses per Audited Statements$5,213,826
Expenses Not Reported on Financial Statements$69,975
Other Expense Adjustments$69,975
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees-$0-
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 18 Additional Information

All are available upon request

Form 990, Part VI, Line 11B Review of form 990 by governing body

The board did not receive a copy of the 990 until after filing.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

A comparison of CEO salary and benefits packages of Y's in NJ was requested by the Board and utilized in their approval process.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

CEO

Form 990, Part VI, Line 19 Required documents available to the public

Organizational documents and financial statements are provided to the public upon request.

Form 990, Part VIII, Line 2F Other Program Service Revenue

- Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
West Morris Area YMCA
EIN
22-1601259
Phone
9733661120
Address
14 Dover Chester Road, Randolph, NJ 07869

Signing Officer

Name
William Lamia
Title
CEO
Signed
2019-05-28
Discuss with paid preparer
Yes

Organization Details

Formed
1930
Legal Domicile
Nj
Voting Board Members
13
Independent Board Members
13
Employees
444
Volunteers
55

Preparer

Firm
RA Fredericks & Company LLP
Address
170 Changebridge Road Unit B-4, Montville, NJ 07045
Preparer
Ellen T O'Donnell
Phone
9735756200
Supplemental Narrative

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

General support and assets of the ymca.

Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote

The YMCA is organized as a New Jersey nonprofit corporation and has been recognized by the IRS as exempt from federal income taxes under IRC Section 501(a) as an organization described in IRC Section 501(c)(3), qualify for the charitable contribution deduction under IRC Section 170(b)(1)(A)(vi) and (viii), and has been determined not to be a private foundation under IRC Sections 509(a)(1) and (3), respectively. The YMCA is annually required to file a Return of Organization Exempt from Income tax (Form 990) with the IRS. In addition, the YMCA is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purposes. We have determined that the YMCA is not subject to unrelated business income tax and have not filed an Exempt Organization Business Income Tax Return (Form 990T) with the IRS.

Schedule D, Part XI, Line 4(B) Other revenues in form 990 not in audited financial statements

Scholarships grossed up for 990 not financial statements - 69975

Schedule D, Part XII, Line 4(B) Other expenses in form 990 not in audited financial statements

Scholarships grossed up for 990 not financial statements - 69975

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IRS990/ActivityOrMissionDesc0THE WEST MORRIS AREA YMCA STRENGTHEN COMMUNITY THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. AS A CHARITABLE COMMUNITY SERVICE ORGANIZATION, ALL PERSONS ARE WELCOME AT OUR YMCA, REGARDLESS OF THEIR ABILITY TO PAY.
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IRS990/Desc0Youth Development - Our YMCA is committed to nurturing the potential of every child and teen. We believe all kids have great potential and deserve the opportunity to discover who they are and what they can achieve. That's why we help young people cultivate the values, skills and relationships that lead to positive behaviors, better health and educational achievement. Our YMCA programs, such as school age child care and summer day camp offer a range of experiences that enrich social, emotional, cognitive and physical growth. Expenses include direct financial assistance that makes our services accessible to everyone in our community.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0first v.p.
IRS990/Form990PartVIISectionAGrp/TitleTxt1Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt2secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt3PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4second v.p.
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10PAST PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
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IRS990/MissionDesc0WEST MORRIS AREA YMCA IS A NON-PROFIT CHARITABLE ORGANIZATION, DEDICATED TO THE DEVELOPMENT OF MIND, BODY AND SPIRIT. WE PROVIDE PHYSICAL, EDUCATIONAL AND SOCIAL PROGRAMS AND SERVICES WHICH MEET THE NEEDS OF OUR COMMUNITY IN A MANNER WHICH IS BOTH FISCALLY AND SOCIALLY RESPONSIBLE.
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IRS990/NetAssetsOrFundBalancesBOYAmt05870963
IRS990/NetAssetsOrFundBalancesEOYAmt05652036
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt039022
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt076274
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0178049
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0254323
IRS990/OtherExpensesGrp/Desc0PROGRAM SUPPLIES AND EX
IRS990/OtherExpensesGrp/Desc1BUILDING MAINTENANCE
IRS990/OtherExpensesGrp/Desc2EQUIPMENT COSTS
IRS990/OtherExpensesGrp/Desc3Miscellaneous
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt020535
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt123083
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt23494
IRS990/OtherExpensesGrp/ProgramServicesAmt0237282
IRS990/OtherExpensesGrp/ProgramServicesAmt1210629
IRS990/OtherExpensesGrp/ProgramServicesAmt2240918
IRS990/OtherExpensesGrp/ProgramServicesAmt3855
IRS990/OtherExpensesGrp/TotalAmt0257817
IRS990/OtherExpensesGrp/TotalAmt1210629
IRS990/OtherExpensesGrp/TotalAmt2264001
IRS990/OtherExpensesGrp/TotalAmt34349
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IRS990/PaymentsToAffiliatesGrp/ProgramServicesAmt040000
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IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt067248
IRS990/PayrollTaxesGrp/ProgramServicesAmt0191371
IRS990/PayrollTaxesGrp/TotalAmt0258619
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IRS990/PensionPlanContributionsGrp/ProgramServicesAmt078208
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IRS990/PermanentlyRstrNetAssetsGrp/BOYAmt03054601
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IRS990/PledgesAndGrantsReceivableGrp/EOYAmt066376
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IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0870
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt012981
IRS990/PrincipalOfcrBusinessName/BusinessNameLine1Txt0WILLIAM LAMIA
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0813410
IRS990/ProgramServiceRevenueGrp/BusinessCd1813410
IRS990/ProgramServiceRevenueGrp/BusinessCd2813410
IRS990/ProgramServiceRevenueGrp/Desc0Youth Development
IRS990/ProgramServiceRevenueGrp/Desc1Healthy Living
IRS990/ProgramServiceRevenueGrp/Desc2Social Responsibility
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt02582862
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt12037734
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt20
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt02582862
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt12037734
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt20
IRS990/ProgSrvcAccomActy2Grp/Desc0HEALTHY LIVING PROGRAM ACTIVITIES - The Y is committed to improving America's health and well-being, community by community. We bring families closer together, encourage good health and foster connections through fitness, sports, fun and shared interests. Our goal is that all people in our community receive the support, guidance and resources they need to achieve greater health in spirit, mind and body. This is particularly important as our nation struggles with chronic disease and obesity, families wrestle with work/life balance and individuals search for personal fulfillment. Our programs are accessible and open to all faiths, back-grounds, abilities and income levels. We provide financial assistance to people who otherwise may not have been able to afford to participate.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01861969
IRS990/ProgSrvcAccomActy2Grp/GrantAmt018705
IRS990/ProgSrvcAccomActy2Grp/RevenueAmt02037734
IRS990/ProgSrvcAccomActy3Grp/Desc0Social Responsibility - Our YMCA believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs for more than 125 years. Y programs, such as our annual campaign provides the resources we need to deliver training, resources and support that empower our neighbors to effect change, bridge gaps and overcome obstacles. We engage thousands of YMCA members, program participants and volunteers in activities that strengthen our community and pave the way for future generations to thrive.
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IRS990/PYGrantsAndSimilarPaidAmt068365
IRS990/PYInvestmentIncomeAmt018375
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IRS990/PYOtherRevenueAmt047088
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IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt04605087

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.77$0.98$3.79$6.04$6.62$0.58
2023Summary only. Only limited summary data is available for this year.$5.47$1.10$4.36$5.44$5.68$0.23
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.55$0.97$4.58$4.59$4.51$0.08
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.45$0.93$4.52$3.96$3.67$0.29
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.11$0.91$4.20$2.60$3.49$0.89
2019Summary only. Only limited summary data is available for this year.$5.83$0.74$5.09$5.01$5.55$0.54
2018Detailed filing. Detailed filing data is available for this year.$6.43$0.78$5.65$4.85$5.28$0.43
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.63$0.76$5.87$4.86$4.98$0.12
2016Summary only. Only limited summary data is available for this year.$6.61$0.67$5.95$4.70$5.08$0.38
2015Detailed filing. Detailed filing data is available for this year.$6.67$0.41$6.26$4.82$4.84$0.03
2014Detailed filing. Detailed filing data is available for this year.$6.45$0.07$6.39$4.73$4.63$0.10
2013Detailed filing. Detailed filing data is available for this year.$6.48$0.10$6.38$4.55$4.75$0.20
2012Summary only. Only limited summary data is available for this year.$6.58$0.10$6.48$4.56$4.99$0.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.96$0.14$6.82$4.83
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$0.12$7.12$4.78